Why Is Chile Erupting In Violent Protests?

Why is Chile erupting in violent protests?

Well, it's one of the more unusual countries to do so. Usually it's the most stable, certainly wealthiest of the South American countries. And over a tiny hike in subway price. But reality is, a whole bunch of middle and working class, angry that they haven't benefited from the growth in the economy. Kind of like what you're seeing in a lot of wealthy countries around the world. And this is going to make it more challenging to get the kind of reforms done that this leader, President Piñera, actually wants to accomplish.

Will Benny Gantz be able to form a coalition government in Israel?

It's slightly more likely than not. Netanyahu failed yet again. But it's plausible that we can get yet a third election in Israel. Unprecedented stuff.

Who has more power in Mexico: The cartels or the government?

Well, most Mexicans think the cartels have more power. Not surprising. They just picked up the son of a major drug lord, had to give him back because there was massive fighting. López Obrador, the president, is still very popular. But my God, he has a serious problem on security. And he's certainly going to have a big challenge on his hands over the coming year if he's not able to address it.

The danger to informal workers grows: Coronavirus lockdowns have created a world of uncertainty for businesses and workers around the world. But one group of people that could be hit particularly hard are those working in the so-called "informal economy," where workers lack formal contracts, labor protections, or social safety nets. Nowhere is this challenge more widespread than in Africa, where a whopping 85 percent of the work force toils in the informal sector. These workers, which include street vendors, drivers, and the self-employed, don't have the luxury of working from home, which makes social distancing unviable. As a result, many continue to go to work, risking exposure to the virus, because not turning up is often the difference between putting food on the table and starving. What's more, even where governments are trying to provide support, many people lack bank accounts, complicating efforts to get them aid. In Nigeria, for example, some 60 percent of people do not even have a bank account, according to the World Bank.

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As Europe inches past the peak of COVID-19 deaths and the US slowly approaches it, many poorer countries are now staring into an abyss. As bad as the coronavirus crisis is likely to be in the world's wealthiest nations, the public health and economic blow to less affluent ones, often referred to as "developing countries," could be drastically worse. Here's why:

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What's the new normal going to look like? Now that numbers are at least plateauing, if not leveling off in hard hit countries in Europe. An effective lockdown may last 4 - 8 weeks. Once you start pulling back on quarantine measures, what's life look like? What's the economy look like? The idea that life is back to normal anytime soon is really, really overstated.

Assuming workplaces get fully functional with suitable personal protective equipment, feel comfortable that we're not going to get significant additional cases. In the workplace, you organize social distancing in offices, you give people more flexibility on work from home, and everybody in contact regularly with people gets masks. You should be able to get to that point within 3 months in the world's developed economies. They're there functionally in China. That allows you to get the economy going again.

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Ben White, Chief Economic Correspondent for Politico, provides his perspective on the coronavirus-related news in US politics: What's the coronavirus update?

Well, we've gotten at least a little bit of good news that perhaps the rate of deaths in New York City is plateauing and may start to come down. God willing, we'll see if that comes to pass. Also, some indications that if we keep social distancing in place through the end of May, we could see fewer deaths than we worried about and fewer hospital beds need it. So, God willing, that happens.

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